199 E Lake Shore Drive co-op apartments for sale

Here are the 199 E Lake Shore Drive apartments for sale in Chicago with their location, building and unit information. Schedule a showing online!

THE CO-OP APARTMENTS

The building has primarily 3 bedroom apartments with at least 4,600 SF. The original apartments have one level. Duplex apartments were later added on the west side of the building. Cooking appliances in units I’ve seen are gas. The apartments have a co-op form of ownership. Apartments on higher floors have unobstructed views of the lake.

Prices start above $2.5M. A duplex (2 story) apartment sold for $6.9M in 2007. See the listings below for current list prices.

THE BUILDING

199 E Lake Shore Drive built in 1913 has 11 floors with 13 units. The architect was Benjamin Marshall who also designed 999 N Lake Shore Drive and the Drake Hotel. In 1913 the building and 999 N Lake Shore Drive were the only 2 buildings developed on East Lake Shore Drive. [continued below]

ALL 199 E LAKE SHORE DRIVE APARTMENTS FOR SALE

Address

Priced

Beds

Baths

SqFt

There are no units currently for sale. Email Fran to be notified when the first unit comes on market.

QUESTIONS?

CO-OPS SIMILAR TO 199 E LAKE SHORE DRIVE

It was originally a rental apartment building and called “The Breakers”. According to “Chicago Apartments” by Neil Harris, it was converted to a cooperative in 1995.

Unlike many vintage buildings, 199 E Lake Shore Drive has its own parking. It also has an exercise room, bike room and storage spaces. Pets are allowed. Rentals are allowed for a maximum of 2 years during ownership. The building is staffed 24 hours with a door person.

Since this is a co-op, property taxes are also included in the monthly assessments. For more information on how buying a co-op differs from buying a condo see my article Chicago co-op apartments vs. condos.

THE LOCATION

199 E Lake Shore Drive is located in Chicago between North Lake Shore Drive and Michigan Avenue just south of Oak Street Beach. Shopping on Oak Street and the Magnificent Mile on Michigan Avenue are just 1 block to the west. Chicago’s Lakefront is just across North Lake Shore Drive.

A Potash Brothers Market is 7 blocks away. A pharmacy at Water Tower Place is 4 blocks away.

Its Walk Score is currently 95. Its Transit Score is 88. It’s half a mile from the Red Line at Chicago & State. Numerous buses running north and south are at the end of the block on Michigan Avenue. The #70/Division bus running east and west is 4 blocks north. Numerous car sharing services are within 5 blocks.

The location has a Bike Score of 88. A Divvy bike sharing station is at the end of the block on Michigan Avenue.

According to WalkScore.com, the location has a Crime Grade of A. That means it’s a lowest crime area compared to all of Chicago.

East Lake Shore Drive is considered to be part of both the Gold Coast and Streeterville neighborhoods in Chicago’s Near North Side.

ABOUT THE AUTHOR

Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773-793-4516. Learn More

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